Zerodha....

[columbus]

Zerodha is the only brokerage house in the world, which add MTM over bought options......:clapping::clapping:..........everbody knows you can not lose more than option premium......
Let you have 10 K in your account, you bot options worth 6K , now if total loss is 4K, they calculate 6k bot + 4k MTM = total 10 K, now you cant buy anything......everbody knows you cant lose more than 6k.......

Hats off to them....they made my day..............

and I doubt they add profits to margin, I mean over 10K if you made profits of 2k, your total margin should be 12k, that day itself.......

I am facing the same problem....

MTM calculation is better understood with this example.

Consider buying CE options at 60.(2lots=100).

Day.1(Same day) ended at 55.                          -500
Day.2   ended at 65             (65-55)*100            1000
Day.3   ended at 61             (61-65)*100            -400
Day.4  ended at 66              (66-61)*100             500
Day.5 Squared-off at 70       (66-70) *100            400
                                                   Total           1000

According to your Ledger ,it is (70-60)*100=1000.
This is same as your Broker ledger.

 

[jaijai]

what if one wants to close the demat with ilfs and keep his trading account running.....is it the ilfs people to be contacted or u can help in this regard.............are there any forms to be filled

 

[Zerodha]

what if one wants to close the demat with ilfs and keep his trading account running.....is it the ilfs people to be contacted or u can help in this regard.............are there any forms to be filled

Yes you can close the demat and keep the trading account running.... Yes ILFS has to be contacted for this... Yes, there is an account closure form available...

 

[sachin928111]

sir zerodha pl tell me how much will i earn or loose trading with 10 lots of nf gaining 7 points or loosing 7 points dbiting all taxes what will be the net profit or loss i m confused here . somewher i read that it will be 2610 profit and 4300 loss. while u r saying that breakeven for 10 lots is 1.87 points that is fixed so trading cost should be less than 100

 

[trader15]

I am facing the same problem....

Zerodha Team: Why do you avoid answering such questions. There may be
issues with your system, but ignoring such issues will actually take you closer to likes of other brokers.

For platform issues, agreed you cant do much for NOW. But such issues you should respond, and clarify. It could be actually an issue with individual account, but if two people complain about something, and you completly ignore, shows no difference between you and crappy brokers like icici and its likes.

 

[sumosanammain]

I small question. Can we put in a buy as well as a sell order on the nifty?. Some brokerages make us cancel the buy order before ccepting a sell order and vice versa, and its VERY irritating.

 

[vijayinvitesk]

I small question. Can we put in a buy as well as a sell order on the nifty?. Some brokerages make us cancel the buy order before ccepting a sell order and vice versa, and its VERY irritating.

Yes, You can put buy and sell orders on the same scrip if you have enough margin in your accoun. In fact you can put as many as u want. Multiple buy/sell orders on the same scrip.t

 

[sumosanammain]

Yes, You can put buy and sell orders on the same scrip if you have enough margin in your accoun. In fact you can put as many as u want. Multiple buy/sell orders on the same scrip.t

Can Zerodha please confirm if its possible to have coexisting orders of but buy and sell in nifty futures?

If yes, then its a major plus point.

 

[rananjay00007]

is demat account necessary to trade in equity intraday..........i trade in options...so i have no idea about that.....please tell.............thanks in advance

 

[vijayinvitesk]

Can Zerodha please confirm if its possible to have coexisting orders of but buy and sell in nifty futures?

If yes, then its a major plus point.

You can see i have placed two minify order both buy and sell. Same way you can put for nifty also.